{"id":58740,"date":"2017-06-29T08:56:41","date_gmt":"2017-06-29T12:56:41","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=58740"},"modified":"2017-06-29T08:56:41","modified_gmt":"2017-06-29T12:56:41","slug":"meisters-corvex-ups-stake-in-energen-ramps-up-pressure","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2017\/meisters-corvex-ups-stake-in-energen-ramps-up-pressure.html","title":{"rendered":"Meister&#8217;s Corvex Ups Stake In Energen, Ramps Up Pressure"},"content":{"rendered":"<p>\n(FINalternatives) Keith Meister&#8217;s activist hedge fund Corvex Management LP has raised its stake in oil and gas producer Energen to 7.6% and criticized the company\u2019s decision to maintain the status quo following a review of strategic alternatives.  <\/p>\n<p>In late May, Corvex disclosed a 5.5% stake in Energen and called for a possible sale of the firm. Energen said on June 19 that it had completed a strategic review of alternatives and would be sticking with its business plan, a decision Meister described as \u201cdisappointing,\u201d according to Reuters citing a June 27 letter including in U.S. securities filings. <\/p>\n<p><a href=\"http:\/\/www.finalternatives.com\/node\/35430?mc_cid=96525710c7&#038;mc_eid=f8130d7ea9\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(FINalternatives) Keith Meister&#8217;s activist hedge fund Corvex Management LP has raised its stake in oil and gas producer Energen to 7.6% and criticized the company\u2019s decision to maintain the status quo following a review of strategic alternatives. In late May, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58740","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=58740"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58740\/revisions"}],"predecessor-version":[{"id":58741,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/58740\/revisions\/58741"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=58740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=58740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=58740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}